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    Hunting Lodge & Bar Opportunity Title is generated by Realmo AI

    213 Main St., Antler, ND 58711

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    Commercial Business - Antler, ND

    Property size:
    3,244 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $0.00/SF
    Added:
    Apr 9, 2026
    Days on Market:
    54
    Last Refresh:
    Jun 1 at 3:06 am

    Property Features for 213 Main St.

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Parking features
    Garage
    Standard status
    Active
    APN
    51000000073000
    Size
    3,244 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Utilities

    Heating system
    Propane (Heating)

    Building Details

    Year built
    1984
    Year renovated
    1984
    Floors in Building
    1
    Flooring type
    Vinyl
    Building materials
    Log, Log Siding, Wood Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Harlan Hagelstrom

    Listing agent Harlan Hagelstrom

    Listing office BAS Land & Auction Group, LLC 116 3RD ST E, HALSTAD, ND

    Listing date Apr 9, 2026

    MLS# 11689412 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turnkey bar and potential hunting lodge in a prime hunting location near the Canadian border.
    • Located in Antler, ND, an area known for excellent deer, upland bird, and waterfowl hunting with access to public lands, private‑land access programs (PLOTS), and nearby hunting preserves.
    • 3,244 sq ft log‑built building with a full bar, gaming areas, event space (potential lodge accommodations), and a full kitchen.
    • Includes slot machines providing passive quarterly income, plus all inventory and supplies are included in the sale.
    • Access to ~86,000 acres across 385 parcels of PLOTS (Private Land Open to Sportsmen) sites in the region.
    • Building constructed in 1984 with log construction, metal roof, and propane heating.

    Overview

    Located in Antler, North Dakota, near the Canadian border, The Cabin presents an opportunity as a small-town bar and potential hunting lodge. The log-built building provides 3,244 square feet of space, featuring a full bar, gaming areas, event space that could be converted into lodge accommodations, and a full kitchen. The property is situated in an area known for hunting, especially for deer, upland birds, and waterfowl, with access to public lands, private-land access programs, and nearby preserves. The surrounding region offers hunting opportunities at the Northcentral Range Hunting Preserve, North Dakota PLOTS (Private Land Open to Sportsmen), and the Upper Souris National Wildlife Refuge. The northeast corner of North Dakota has high deer numbers, with PLOTS sites totaling approximately 86,000 acres across 385 parcels. The property includes slot machines that provide passive quarterly income. The sale includes all inventory and supplies, making it a turnkey operation. The property occupies a lot of 0.18 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars & Pubs

    Similar Places Nearby

    • Cabin Bar & Grill — 213 Main St, Antler, ND 58711

    Map

    City
    Antler
    County
    Bottineau
    State
    North Dakota
    Longitude
    -101.282962
    Latitude
    48.97031

    FAQs

    What type of property is this?
    Bar & Pub - Busy bar and potential hunting lodge near Canadian border.
    Where is this bar & pub located?
    The property is located at 213 Main St. Antler, ND.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Turnkey bar and potential hunting lodge in a prime hunting location near the Canadian border.; Located in Antler, ND, an area known for excellent deer, upland bird, and waterfowl hunting with access to public lands, private‑land access programs (PLOTS), and nearby hunting preserves.; **3,244 sq ft log‑built building with a full bar, gaming areas, event space (potential lodge accommodations), and a full kitchen.**
    (218) 831-4459
    We can help!
    Listing Contact
    Harlan Hagelstrom
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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